Eileen G. McLoughlin Appointed as SUNY Vice Chancellor for Finance and Chief Financial Officer

November 6, 2014

New York City – The State University of New York Board of Trustees today approved the appointment of Eileen G. McLoughlin as SUNY vice chancellor for finance and chief financial officer (CFO), responsible for the university system’s $12 billion annual all-funds budget as well as strategic infrastructure management and operations.

McLoughlin is the current assistant vice president of finance and budgeting at Rensselaer Polytechnic Institute (RPI).

“Eileen is a talented finance professional with more than 15 years of experience navigating the unique challenges of a university budget, and we are delighted to have her join the SUNY team,” said Board Chairman H. Carl McCall. “Thank you to Bob Haelen for his service as interim CFO since last August, and to all of the staff at System Administration and on our campuses who have supported him during the transition.” 

“Managing the finances of the largest system of higher education in the country is an insurmountable task, and I thank Eileen for her willingness to undertake this challenge on behalf of SUNY’s Board of Trustees and executive team as well as our students, faculty, and staff throughout New York,” said SUNY Chancellor Nancy L. Zimpher. “As SUNY readies for another budget cycle and enters into the fifth year of its strategic plan, Eileen’s leadership and expertise will be extremely valuable.”

“I am thrilled to be joining SUNY and to share the values, spirit, and passion for higher education emanated by the Board of Trustees, Chancellor Zimpher, and college and university leaders across the state,” said McLoughlin. “SUNY has established a remarkable momentum of leadership in New York and nationally, expanding academic excellence and driving economic development in new and innovative ways. I look forward to lending my experience and skills to the system’s efforts to increase access, completion, and success for all students.”

As vice chancellor for finance and CFO, McLoughin will oversee all aspects of SUNY’s financial resources and $12 billion all-funds budget. She will be responsible for developing, implementing, and overseeing the financial planning for SUNY System Administration and each of its 64 campuses, working closely with the vice presidents for Finance and Administration at each of the colleges to establish financial plans and strategies along with sound policies and procedures.

In this role, McLoughlin will have administrative oversight of SUNY’s central offices of University Finance and Budget, University Controller, and Business Operations and Procurement.

About Eileen G. McLoughlin
Eileen G. McLoughlin is a highly-skilled professional in the financial arena with more than thirty years of experience in finance, and more than 15 years of experience in a higher education environment, most recently serving as the assistant vice president of finance and budgeting at Rensselaer Polytechnic Institute (RPI). In that capacity, Ms. McLoughlin provided her expertise to the University in financial analysis, planning, and management decision-making support.  Additionally, she was responsible for managing and overseeing an annual budget of over $400 million and for various fiscal reporting duties.

Ms. McLoughlin received her bachelor’s degree from the University at Albany and her M.B.A. from the Lally School of Management and Technology at RPI.

About the State University of New York
The State University of New York is the largest comprehensive system of higher education in the United States, and more than 95 percent of all New Yorkers live within 30 miles of any one of SUNY’s 64 colleges and universities. Across the system, SUNY has four academic health centers, five hospitals, four medical schools, two dental schools, a law school, the country’s oldest school of maritime, the state’s only college of optometry, and manages one US Department of Energy National Laboratory. In total, SUNY serves about 1.4 million students amongst its entire portfolio of credit- and non-credit-bearing courses and programs, continuing education, and community outreach programs. SUNY oversees nearly a quarter of academic research in New York. Research expenditures system-wide are nearly $1.1 billion in fiscal year 2023, including significant contributions from students and faculty. There are more than three million SUNY alumni worldwide, and one in three New Yorkers with a college degree is a SUNY alum. To learn more about how SUNY creates opportunities, visit suny.edu.

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